Company Registration No. 02588711 (England and Wales)
Alpha Services (Plymouth) Limited
Unaudited accounts
for the year ended 31 March 2023
Alpha Services (Plymouth) Limited
Unaudited accounts
Contents
Alpha Services (Plymouth) Limited
Company Information
for the year ended 31 March 2023
Directors
Mr D McGregor
Mr N Jennings
Mrs C McGregor
Company Number
02588711 (England and Wales)
Registered Office
8 Broadley Court
Parkwood Close
Plymouth
PL6 7SQ
England
Accountants
PBS Accounting Limited
Unit 2 Lister Mill Business Park
Lister Close, Plympton
Plymouth
Devon
PL7 4BA
Alpha Services (Plymouth) Limited
Statement of financial position
as at 31 March 2023
Tangible assets
3,095
3,328
Cash at bank and in hand
91,894
82,918
Creditors: amounts falling due within one year
(119,665)
(88,536)
Net current assets
135,446
152,534
Total assets less current liabilities
138,541
155,862
Provisions for liabilities
Net assets
137,953
155,230
Called up share capital
1,010
1,010
Profit and loss account
136,943
154,220
Shareholders' funds
137,953
155,230
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by
Mr D McGregor
Director
Company Registration No. 02588711
Alpha Services (Plymouth) Limited
Notes to the Accounts
for the year ended 31 March 2023
Alpha Services (Plymouth) Limited is a private company, limited by shares, registered in England and Wales, registration number 02588711. The registered office is 8 Broadley Court, Parkwood Close, Plymouth, PL6 7SQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Alpha Services (Plymouth) Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2022
19,436
17,053
36,489
At 31 March 2023
19,681
17,178
36,859
At 1 April 2022
16,798
16,363
33,161
Charge for the year
401
202
603
At 31 March 2023
17,199
16,565
33,764
At 31 March 2023
2,482
613
3,095
At 31 March 2022
2,638
690
3,328
Amounts falling due within one year
Trade debtors
149,373
144,399
Accrued income and prepayments
594
503
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
4,359
4,165
Taxes and social security
73,123
38,516
Loans from directors
23,994
23,858
Alpha Services (Plymouth) Limited
Notes to the Accounts
for the year ended 31 March 2023
8
Transactions with related parties
The director Mr D C McGregor loaned the company £9,219 at the beginning of the year and £9,355 at the year end.
The director Mrs C J McGregor loaned the company £12,683 at the beginning of the year and £12,683 at the year end.
The director Mr N M Jennings loaned the company £1,956 at the beginning of the year and £1,956 at the year end.
The company's registered office is owned by the directors Mr D C and Mrs C J McGregor. The company pays rent to the directors on standard commercial terms - £16,000 was paid in the year ended 31 March 2023.
9
Average number of employees
During the year the average number of employees was 5 (2022: 4).